The New England Patriots decided to pass on Darrelle Revis’ $20 million option before Monday’s 4 p.m. deadline, according to ESPN’s Adam Schefter. And as a result, the All-Pro cornerback is scheduled to become an unrestricted free agent after Tuesday’s 4 p.m. commencement.

It was an expected move for both sides, with the end goal is ultimately being a long-term contract for the former New York Jet and Tampa Bay Buccaneer. Revis would have received the $20 million fully guaranteed for 2015, with a cap charge of $25 million, had the Patriots agreed to pick up what team president Jonathan Kraft described as a “placeholder” in February.

Though in the meantime, the team that drafted No. 24 is expected to be in the wings should the corner hit the market when the official new league year begins March 10. The Jets’ salary-cap space far exceeds that of the Patriots, and Revis accounted for just $7 million of New England’s 2014 cap due carryover from his impending team option.

The 29-year-old corner intercepted three passes and held quarterbacks 44-of-85 passing for the Patriots this past season, according to Pro Football Focus.